Seven-year high in first-time buyers using family help to buy a home

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Seven-year high in first-time buyers using family help to buy a home
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Number of London first-time buyers using family money to get on the property ladder hits seven-year high

he chasm between those young Londoners who can afford to buy and those who cannot is growing as the housing affordability crisis in the capital continues, made more critical by the risingThe proportion of people relying on the bank of mum and dad has grown during the pandemic as the average house price across the capital continued to climb, despite the economic uncertainty created by Covid-19.

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